Yankee Institute Blog

Stanley Black & Decker CEO urges Connecticut lawmakers to avoid tax increases

In what is becoming an all-too-familiar occurrence, the CEO of a major Connecticut company issued a politely-worded piece asking state lawmakers to “take the steps necessary to support the long-term economic sustainability of the state.”

Stanley Black & Decker CEO Jim Loree penned an op-ed to the Hartford Courant Friday asking lawmakers to get Connecticut’s finances under control without once again raising taxes.

Middletown Area Transit to cut evening buses due to “serious financial issues”

Middletown Area Transit will begin cutting its evening bus service next month due to years of financial difficulties and funding cuts, leaving some city residents without transportation after 6:30 p.m.

The financial problems stem back at least three years ago, according to area lawmakers, and were further complicated by a 2 percent cut in state funds by the Department of Transportation. 

Connecticut’s slow income growth tied to population decline?

Connecticut has experienced remarkably slow growth in personal income, according to a study conducted by Pew Charitable Trusts, and that slow growth may be tied to Connecticut’s declining population.

Two separate studies – one showing personal income growth across the states and the second showing which states gained and lost population – appear to have a lot in common.

Farmington voters will decide Thursday whether to spend $135 million on a new high school

The town of Farmington, population 26,000, will vote Thursday on a school construction project that has sparked debate with its price tag of $135 million.

The plan to construct an entirely new high school will take four years to complete but Connecticut’s dire fiscal situation has some town officials and members of the public concerned about the scope and size of the project.

No budget? Progress can still be made

For a minute let’s set aside Connecticut’s desperate need for a budget that gets us off the deficit rollercoaster and celebrate the legislative successes of this session. These are the kind of bills that can help turn Connecticut around. Two bills (Senate Bill 191 and...

State representative from near-bankrupt Hartford draws teacher’s salary while working full-time for union

When Joshua Hall left his teaching position at Hartford’s Weaver High School in 2008 to work for the Hartford Federation of Teachers, he didn’t give up his salary. Instead, Hartford schools continued to pay him as vice president of the union, with the union only partially reimbursing the schools.

The practice of Connecticut’s near-bankrupt capital city paying union workers attracted little notice until April when Hall won a seat in the state house by special election as a member of the Working Families Party.

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